do u guys think that malaysia's property market would face the same as what Europe, US, SG facing?

i heard UK's construction industry totally stop.. what a sad news..

Even if construction industry in Malaysia will not totally stop, you can expect that, to lower sales cost, developers will build on leasehold land and use lower standard material to build.

If it comes to this state, you will have to consider buying houses on sales in the market which can be at prices that you could have paid buying new earlier._________________Live not in fear of the future because all problems that you may encounter have been experienced by others before you and resolved.
..philosophyrecycled.blogspot.com/

Property prices will never drop because you have to understand that the people making the decisions in the BN government are all rich people. Have you ever heard of a poor minister? These rich politicians (BN) already got big houses, and do you think they will want their bungalows and mansions price to drop? Of course NOT. This is why property prices will never drop.

Nowadays even an Intermediate Terrace house in Klang Valley already cost more than rm500k! No joke. Intermediate Terrace house is the smallest landed property you can find, and yet it already cost at least half-million ringgit. How can a fresh graduate earning rm1.5k/month afford? Judging by the way house prices in Klang Valley are going, in the future only the rich can afford even a Intermediate Terrace house.

All this is because our selfish BN government politicians only think about themselves instead of the rakyat.

Right now is 'a buyer market' vs 'seller market' according to agents but in the name of God...dont!

Never trust an Estate Agent - many live by commission so of course she/he is going to convince you to buy. The market is will be falling, wait six months and the prices will have dropped even further.

Capital gains in the property price should be treated as an added bonus, not the goal of the investment especially in M'sia. However, are you ever going to survive in an emergency or "worst case" scenarios that might happen? ( BLR and recession).

If you're looking as an investment, please take time to consider this.

@Milosevic,

I love your quote A LOT! As I do agree most agent depends their living on commission. Like it or not, they have convince you to sell or buy to make a living with just very few acting with integrity. I find it hard to know someone who would agree capital gains as "added bonus". Most investors/agents I encountered are good at locating great returns, but few of them understand the risk behind those returns or just simply ignores them.

I hope to have the opportunity to know you and exchange thoughts and information of our own investment. Feel free to drop me a line if you would.

Right now is 'a buyer market' vs 'seller market' according to agents but in the name of God...dont!

Never trust an Estate Agent - many live by commission so of course she/he is going to convince you to buy. The market is will be falling, wait six months and the prices will have dropped even further.

Capital gains in the property price should be treated as an added bonus, not the goal of the investment especially in M'sia. However, are you ever going to survive in an emergency or "worst case" scenarios that might happen? ( BLR and recession).

If you're looking as an investment, please take time to consider this.

@Milosevic,

I love your quote A LOT! As I do agree most agent depends their living on commission. Like it or not, they have convince you to sell or buy to make a living with just very few acting with integrity. I find it hard to know someone who would agree capital gains as "added bonus". Most investors/agents I encountered are good at locating great returns, but few of them understand the risk behind those returns or just simply ignores them.

I hope to have the opportunity to know you and exchange thoughts and information of our own investment. Feel free to drop me a line if you would.

I'm afraid i have to disagree with the theory that cap appreciation in real estate is an 'added bonus'. Cos property as an exhaustible & tangible asset class, are affected by scarcity, supply & demand curves, inflationary pressures, population growth, locational factors etc. has through time in antiquity, proven to be a safe & stable hedge, so caps gain is a natural & direct product of all these factors. Although on another note, over-speculated markets, where prices have outstripped actual or real demand, where punters banked on making a fast buck banking on the greater fool theory, will collapse after a certain tipping point! Come to even think of it, why do ppl pay high premiums to stay in Dsara Heights, where prices are fueled more by want than need & price premiums can vary from prop to prop on the same street. Go figure._________________Buy land, they're not making it anymore.
Mark Twain

Going by your flawed rationale, many undesirables live in other areas too. Do we also want to know how they get their money?

But many professionals, business ppl & high standing members of society live in Dsara shoring up its values too. So what's your point?_________________Buy land, they're not making it anymore.
Mark Twain

Well spoken. Don't get me wrong, I totally agree with you that real estate will inevitably appreciate, over a period of time. I am just standing at a more conservative ground when I value appreciation that is led by market. Since I think it's hard for me to measure appreciation led by market (how much, how soon) that I did be better off to ignore them by allocating it as "added bonus". Therefore, if I was luck to collect bonuses, great! If not, I would still able to get my projected return. Thus I could focus on measurable appreciation like interior upgrades, healthy leasing contract (long term contract with credible tenants + rate escalation) and so forth.

Well spoken. Don't get me wrong, I totally agree with you that real estate will inevitably appreciate, over a period of time. I am just standing at a more conservative ground when I value appreciation that is led by market. Since I think it's hard for me to measure appreciation led by market (how much, how soon) that I did be better off to ignore them by allocating it as "added bonus". Therefore, if I was luck to collect bonuses, great! If not, I would still able to get my projected return. Thus I could focus on measurable appreciation like interior upgrades, healthy leasing contract (long term contract with credible tenants + rate escalation) and so forth.

Gather that your investment objectives are geared towards shorter term positive yield curves & if cap appreciation happens along the way, well & good! Perfectly nothing wrong with that as all roads lead to Rome! I hope. _________________Buy land, they're not making it anymore.
Mark Twain

Investing in real estate is really beneficial and most widely known way of profiting in real estate. I am also looking
to invest in property, I am purely looking to make money on the property to secure future.When you invest, you own
the deed of the houses. There is no time limit, you can resell as and when it is needed._________________Real Estate Contract

Hello Friend ..
Really nice answer i'm agree with you .Understanding real estate investment is crucial because it usually involves a substantial investment and a long-term one. Moreover , the real estate market can be unpredictable. This is particularly important when one goes beyond buying a home to actually 'investing' in real estate.
_________________________________
Bucks County Real Estate

the global economic depression and somehow malaysia indirectly affected by it but the expert says the worse are yet to come. So far i never came to see a price dropped in property, only the "houses on auction" signs are getting more and more around the corner._________________Cheap Web Design

Property price would drop if (i) there is a bubble (ii) the bubble busts You should do a study of American/UK/China housing bubble to understand the phenomenon. Does Malaysia have a real estate bubble? Without academic background in economics, I have difficulty understand economic and financial matters. But i think Malaysia presents a fairly different case in real estate.

The holy creed that 'Property Price Will Go up' is also self-fulfilling. Those who want to profit from rising price will hoard property. Those who don't want to suffer from rising price will be pushed to buy property to preserve savings. Either way, prices can go up. It seems that both greed and fear are working together towards inflation

[quote="cheelow"]I totally agree with you that real estate will inevitably appreciate, over a period of time. [quote]

Sometimes, it is the depreciation of the money and/or inflation are the culprits behind the appreciation.

When a semi-D at Damansara Heights was priced at RM 1.5M in 2004, petrol price was RM 1.30 per liter, 1L pack HL Milk was RM 3.40, 1 plate of Wantan Mee was RM 3.20.

Today, the same semi-D at Damansara Height is about RM 2.4m, the petrol price is RM 1.98 per liter, 1L pack HL Milk is RM 4.75, 1 plate of Wantan Mee is RM 4.00. And, by the way, unless you pay cash, the interest paid for the housing loan for the past 6 years should be how much?

Yes, location is very important, but buying it at the right time is also important. Properties of the rich and famous are not immune to collapse. See what happened to the properties in the US.

Granted that properties appreciate over the longer term, but if one is buying for investment, one will want to maximise returns. To maximise returns, one has to be patient, a key ingredient with all highly successful investors. Another key ingredient is making and taking decisive decision when there is fear and panic. As Warren Buffet put it "Buy when there is panic and fear. Sell when there is euphoria."

Buying when there is fear and panic is easier said than executed. BUT one must be brave enough to make and execute this decision. Executing the decision in such environment is extremely difficult because majority of your friends will give very downbeat comments and increases your fear. Not many have the courage to execute the decison, although in their heart, they think it is the right time to buy.

Do you think our property market is in fear or euphoria state? If you think it is close to state of fear, go ahead and buy it. But if you think it is close to euphoria, you may want to wait for another day.

Property investment requires huge capital. One bad decision can set you back many years.

As Warren Buffet put it "Buy when there is panic and fear. Sell when there is euphoria."

Buying when there is fear and panic is easier said than executed. BUT one must be brave enough to make and execute this decision. Executing the decision in such environment is extremely difficult because majority of your friends will give very downbeat comments and increases your fear. Not many have the courage to execute the decison, although in their heart, they think it is the right time to buy.

you remind me of previous stock broking lesson... when you see those aunties on the morning wet market talking while picking their siew pak choy about buying, you sell. when you see those aunties on the morning wet market talking while choosing their chicken feet about selling, you buy._________________I am still learning

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